Freehold Retail Investment
Freehold Retail Investment
The property is situated in the town centre, opposite the Burslem Old Town Hall and close to the Wedgewood Institute, Burslem School of Art and the exclusive residential development at Saddlers Park. The town is a significant tourist destination, being situated close to the Trent – Mersey Canal and is part of the National Cycle Network. The property benefits from the public transport hub based around the Market Place and nearby occupiers include Dorothy Perkins,
KFC and The Post Office.
Freehold.
The property is situated in the town centre, opposite the Burslem Old Town Hall and close to the Wedgewood Institute, Burslem School of Art and the exclusive residential development at Saddlers Park. The town is a significant tourist destination, being situated close to the Trent – Mersey Canal and is part of the National Cycle Network. The property benefits from the public transport hub based around the Market Place and nearby occupiers include Dorothy Perkins,
KFC and The Post Office.
Freehold.
The property comprises ground floor, double fronted retail unit with one upper floor of ancillary accommodation. In addition, the property benefits from a substantial basement.
VAT is applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
The property comprises ground floor, double fronted retail unit with one upper floor of ancillary accommodation. In addition, the property benefits from a substantial basement.
VAT is applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
| Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | Reviews | |
|---|---|---|---|---|---|---|---|
| Ground First Basement |
Retail and Ancillary Ancillary Ancillary |
291.46 sq m 268.29 sq m 236.71 sq m |
(3,137 sq ft) (2,888 sq ft) (2,548 sq ft) |
THOMAS COOK TRAVELLTD guaranteed by ThomasCook Group UK Ltd (t/a TheCo-Operative Travel) (1) | 10 years from 01/10/2011 until 2021 on a full repairing and insuring lease (2) (3) |
£15,750 |
01/10/2016 |
| Totals | 796.46 sq m |
(8,573 sq ft) |
£15,750 | ||||
(1) For the year ending 30th September 2010 Thomas Cook Group UK Limited reported a total net worth of £718,887,000. (Source: www.riskdisk.com 18/04/2012) On 4th October 2011 Thomas Cook Group, The Co-Operative Travel and Midlands Co-Operative established a joint venture to combine their UK high street travel and foreign exchange businesses, creating the UKs largest travel
retailer with around 1,200 branches across England, Scotland, Wales and Northern Ireland. (Source: Thomas Cook Group)
(2) The lease provides for a tenants option to determine on the 1st October 2016.
(3) The Lease is subject to a Schedule of Condition.
By clicking the Submit button I confirm that I would like to register my interest in this Property. Please email me updates when they are published.
If you have a query, please fill in the box below, otherwise click the Submit button.
Are you sure you want to remove this property from My Catalogue?
Are you sure you are no longer interested in this property?
Are you sure you want to delete your Account?
